Monetary Policy Committee

The Loan to Deposit Ratio (LDR) policy of the Central Bank of Nigeria (CBN) took a toll on the Nigerian banking sector in 2020, forcing its deposits with the apex bank to dip by a whooping N4.41 trillion by December 31, InsideBusinessNG can…

The Bank of England kept its stimulus programme unchanged on Thursday as it awaited the outcome of Britain’s trade deal talks with the European Union, and said it would tolerate temporarily higher inflation if sterling plunged after a…

The Central Bank of Nigeria (CBN) has so far made a total of N3.5 trillion disbursements to cushion the effect of COVID-19 pandemic on the country’s economy. This is contained in the 132nd communique of the Monetary Policy Committee…

ISMAIL MUSA and AMINA HUSSAINI, Abuja The Monetary Policy Committee (MPC) Thursday announced a further reduction by 100bps to 12.5 percent on the Monetary Policy Rate (MPR) to prevent the economy from sliding into recession The…

AMINA HUSSAINI, Abuja For coinciding with the Eid-el Fitr holidays, the Central Bank of Nigeria (CBN) has shifted the May 2020 Monetary Policy Committee (MPC) meeting to Thursday, May 28. The meeting earlier scheduled for next week…

AMINA HUSSAINI, Abuja The Monetary Policy Committee) Central Bank of Nigeria (CBN)  Tuesday resolved to retain the Monetary Policy Rate (MPR) also known as the interest rate at 13.5 per cent. Godwin Emefiele, CBN governor…

The Reserve Bank of Zimbabwe is to introduce a new currency in November, a member of the bank’s Monetary Policy Committee, said on Thursday. Eddie Cross, a renowned economist, who made this known in an interview with State broadcaster…

CHUKWUMAH KELECHUKWU Central Bank of Nigeria (CBN) Monetary Policy Committee, has retained benchmark interest rates at 13.5 per cent. Rising from its bimonthly MPC meeting on Tuesday, July 23, 2019 the CBN Governor, Mr Godwin Emefiele,…

By CHUKWUMAH KELECHUKWU  Despite CBN's disposition towards easing stance to boost growth, analysts are insisting that the apex bank will leave benchmark rates unchanged at the next meeting holding Monday, July 22 to Tuesday July 23.…

Barbara Bako, Abuja. The Monetary Policy Committee (MPC) has once again retained the Monetary Policy Rate at 13.5 per cent due to persistent uncertain economic conditions and high inflation. The Central Bank of Nigeria (CBN)…